Bloomberg Societe Generale plans to rely less on trading as Chief Executive Officer Frederic Oudea attempts to turn the firm’s investment bank around following steep trading losses on complex derivatives last year. The Paris-based lender said the business will focus more on corporate banking, allocating more capital to financing, advisory and transaction banking. The firm expects revenue growth from those …

Bloomberg Polish lenders with foreign-currency mortgages have to wait at least a month longer for a Supreme Court ruling that’s set to determine their exit strategy from the decade-long Swiss franc loan saga. The tribunal’s Civil Chamber adjourned its hearing, asking for opinions from a number of state institutions, including the central bank and the financial regulator. It was supposed …

Bloomberg Goldman Sachs Group Inc has been on an unprecedented hiring spree in mainland China and Hong Kong in the first four months of the year as the Wall Street titan pushes further into the world’s second-largest economy. The bank is in the process of hiring 320 staff, including 70 to focus on investment banking coverage, said a person familiar …